Layoffs may be a firm's way of optimally responding to demand shifts, to changes in its industry position, or to unwelcome financial stress. But, within the current economic environment, and along with individuals' changing attitudes, the notion of layoffs has taken on a new dimension, which...

By reference to a case study of the `Consumer Goods Corporation' and a number of other corporate transformations, Magne Orgland and Georg Von Krogh conclude that initiating, managing and sustaining successful corporate transformation requires serious attention to three principles which can be...

We inductively develop a model of the commercialization process for new products or services user entrepreneurs undertake when entering an industry while drawing on proprietary technology developed in another industry. Extending the growing field of user entrepreneurship, we identify a two-phase...

Incentives to innovate are a central element of innovation theory. In the private-investment model, innovators privately fund innovation and then use intellectual property protection mechanisms to appropriate returns from these investments. In the collective-action model, public subsidy funds...

Proponents of organizational knowledge creation theory have long recognized the importance of “spaces” for knowledge creation within organizations and, recently, in the eco-system to which the organization belongs. We argue that while knowledge creation in virtual spaces, such as online...

This study advances the understanding of how knowledge-flows impact on firm performance. Incorporating recent research on the knowledge-based view of the firm, this paper tests and extends the knowledge flow model by using more fine-grained measures and by proposing a nonlinear effect. This...

Companies communicate internally through their own phrases and concepts -- their own language. The local meaning of that language is very difficult to transpose into another company's language and culture. Georg von Krogh and Johan Roos point out that many businesses are careless in their use of...